Tokenlon Weekly（2024.06.07–06.14）
The Federal Reserve maintained its benchmark interest rate at the 5.25%-5.50% range for the seventh consecutive time this week, in line with market expectations. This decision came on the heels of the release of U.S. CPI data on Thursday.
Following a brief uptick, the cryptocurrency market experienced a broad downturn. Bitcoin fell 6.1% this week, currently trading at $66,948.74. Ethereum experienced a 7.6% drop over the past seven days, currently trading at $3,516.95.
DeFi Market
Note: Data as of 2024.06.14 21:30 +UTC
Total TVL: $101.22b, of which Ethereum chain TVL is 61.54b.
For Ethereum Layer 2, the total locked value is $43.75 billion, a 7-day decrease of 9.25%.
- The Arbitrum One network’s total locked value is $17.84 billion, a 7-day decrease of 9.18%
- The Optimism network’s total locked value is $6.88 billion, a 7-day decrease of 11.5%
- The Base network’s total locked value is $7.50 billion, a 7-day decrease of 3.94%
DEX Market
The DEX market last week has a total transaction of $27b, accounting for 48.3% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
Tokenlon
- Tokenlon’s trading volume this week was $62,924,795.00, with 1,319 transaction addresses and 2,943 transactions. The revenue was $121,103.43 and the net profit from fees was $112,383.11 with the current fee balance being $753,534.33.
LON
- The LON staking contract has a staked amount of 76,409,341.06 LON, with an annualized staking yield (monthly) of 28.38%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,151,017. A total of 229,943 LON was bought back last week.
Tokenlon Development Highlights
Multi-chain Deployment
- Optimized token authorization information display on the zkSync network.
- Prepared for ZK airdrop trading event and tutorial.
Token Liquidity
- Prepared for ZK token listing.
- Researched new assets IO and POL.
- Delisted BANK tokens with insufficient liquidity.
Market Makers
- Monitored market maker data and communicated daily affairs.
- Applied for inclusion of LON information on Etherscan cards.
Community Ecosystem Grants
- Evaluated applications for Maschain, OP onchain summer, and Polygon Community Grants Program.
Trade mining
- Switched to the 30th phase of trade mining.
- The 29th period of trade mining has ended. The total trading volume for this period was $537,151,754.29, the protocol captured $1,134,914.44 in fees, and the total trade mining reward was distributed 877,866.97 LON. You can claim your rewards here.
Important Risk Warning
- LON token contract address:
0x0000000000095413afC295d19EDeb1Ad7B71c952 - LON is Tokenlon’s native token, where holders will enjoy fee discounts and voting rights
- Beware of fake Tokenlon imitations, the official website is: https://tokenlon.im
- Please do not download any app or DApp from non-official Telegram, Whatsapp, Facebook, or Wechat
Tokenlon,
2024.06.14
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Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.
